The ongoing legal battle between Ripple and the SEC has intensified, with the crypto community urging for the lawsuit's dismissal and the resignation of SEC Chair Gary Gensler. The lawsuit alleges Ripple's XRP token is an unregistered security.
Despite former SEC lawyers doubting the possibility of a dismissal, there is optimism following potential policy shifts by the Trump-JD Vance administration, which could pave the way for clearer regulatory guidelines for cryptocurrencies.
Ripple's CEO, Brad Garlinghouse, remains hopeful about an end to the case. The outcome of this prolonged lawsuit could significantly impact XRP and the broader crypto industry.
